Goods are loaded at Saigon Port in Ho Chi Minh City (Photo: VNA)
The Ministry of Transport is planning to pilot a transport trading floor for the first time this month.
"It is an e-commerce trading floor on which transport companies, logistics service providers and commodities owners can post their information on services and commodities that need transporting," Tran Quang Binh, Director of Transport Department under the Directorate for Roads of Vietnam, explained to Thoi bao Kinh te Viet Nam (Vietnam Economic Times).
Commodities owners and service providers can purchase transport services on the floor, according to Binh.
Transport companies registering on the floor will be checked on capacity and prestige, as well as commitments on transport for good owners.
Their interests will also be ensured.
The floor is expected to help transport companies increase their transport capacity in two ways, which reduces the situation of running without goods when returning.
It is also easier for state agencies to manage and collect data of commodities.
The Directorate for Roads of Vietnam worked with the Vietnam E-commerce and Information Technology Agency on building contents to serve the setting up of legal documents.
The directorate also studied the transport trading floor of other countries.
Nguyen Van Thanh, Chairman of the Vietnam Automobile Transportation Association, said the trading floor was critical as many transport companies currently refused to publicise their data on commodity volumes, details on fee and transport capacity, which caused unhealthy competition.
The Vietnam Maritime Administration also sent a proposal to the Ministry of Transport for setting up a trading floor for maritime transport services to offset the ineffective business of the sector.
The administration expects to pilot the floor in 2017 if the Ministry approves the project.
The maritime transport trading floor is expected to lay the foundation for modern transport development, which will utilise information and technology to develop a logistics sector, increase connection between transport firms and commodities owners.
The current link between firms and commodities owners was ineffective, especially in international goods transport, Bui Thien Thu, Deputy Director of Vietnam Maritime Administration said.-VNA
The progress of urban train projects have not met public expectation, said Deputy PM Hoang Trung Hai during a recent meeting to review the progress of urban train projects in Hanoi and HCM City.
Vietnam and China have taken measures to strengthen economic and trade cooperation and transportation connections, said Foreign Ministry Spokesperson Le Hai Binh.
Mobilising resources from the private sector for transport infrastructure is posing a challenge for HCM City, which needs at least 60 billion USD until 2020 to carry out projects.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.